Interview: Inflation to Decline in 2022
There’s two sides to the debate about whether inflation is here to stay, and I talk to Jordan Roy-Byrne to hear his opinion on this topic. He points out that the market action we’ve been seeing alludes to the fact that inflation has peaked; long term rates have been coming down, bonds have rallied, and the metals are trading below their previous highs. We have to look at each year relative to the previous, so next year we may experience disinflation—where we still see inflation, but at a decreasing rate.
